Minneapolis Heart Institute Foundation
Minneapolis, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 5 peers in Medical Research with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $14,336,467↓39% | $16,550,155↑12% | $66,731,497↓6% | — |
| 2022 | $23,655,940↑29% | $14,808,254↑12% | $71,060,713↑24% | — |
| 2021 | $18,354,504↓4% | $13,185,117↑7% | $57,104,019↑11% | — |
| 2020 | $19,174,876↑5% | $12,280,946↑1% | $51,520,170↑24% | — |
| 2019 | $18,298,974↑49% | $12,146,321↑9% | $41,693,830↑40% | — |
| 2018 | $12,319,262↑7% | $11,103,013↑11% | $29,710,504↓5% | — |
| 2017 | $11,527,203↑13% | $10,047,189↑3% | $31,284,227↑17% | — |
| 2016 | $10,212,473↑2% | $9,778,300↓1% | $26,810,593↑3% | — |
| 2015 | $9,963,458↑9% | $9,903,170↑2% | $26,071,304↓7% | — |
| 2014 | $9,139,945↓24% | $9,678,261↓5% | $28,066,567↓3% | — |
| 2013 | $12,081,851↑8% | $10,189,995↑2% | $28,843,307↑16% | — |
| 2012 | $11,166,713↑11% | $9,994,117↑5% | $24,907,596↑12% | — |
| 2011 | $10,019,660 | $9,476,392 | $22,266,530 | — |
Frequently Asked Questions
What does Minneapolis Heart Institute Foundation do?▼
Minneapolis Heart Institute Foundation is a medical research nonprofit organization based in Minnesota. It is classified under NTEE code H43Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Minneapolis Heart Institute Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Minneapolis Heart Institute Foundation has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Minneapolis Heart Institute Foundation generate?▼
Minneapolis Heart Institute Foundation reports $23.6M in annual revenue and holds $74.5M in total assets, based on IRS filings.
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